Globalization And The Impact Of Globalization In The Metrocabless

Globalization is a term that is often used without realizing the full effect that it can have on the economy, both globally and locally. With globalization often come neoliberal policies, which Lipman says has two parts. Generally, neoliberalism is thought of as laissez-faire policies and the decreasing of the size of the public sector and increasing the size of the private sector. Lipman splits this into two parts – roll back and roll out neoliberalism. Roll back neoliberalism involves the destruction of Keynesian artifacts, policies, agreements, and institutions and roll out neoliberalism creates new practices and institutions or reconstructs existing ones (Lipman 2009). In Chicago, they are implementing both ends of Lipman’s neoliberal ideas. The size of Chicago 's middle class is decreasing at a very quick rate is because “globalization makes American technology, finance, and resources more valuable, and individuals producing and managing those enjoy soaring incomes. But free trade pits ordinary American office and factory workers against legions of capable Chinese and others, and destroys jobs without creating enough new opportunities in exporting activities” (Morici 2012). Additionally, they are attempting to implement neoliberal ideals in schooling through initiatives such as Renaissance 2010, an effort to close public schools and open private charter

Democratic prosperity for all is grounded by three pillars: more-employment, less poverty, and more security. This is how Colombia is fighting the most serious challenges of the nation. Consistently following theses three key pointers, foreign policy should be focused on the merging and reinforcement of institution; furthermore, they must be attuned to the changes outlined in the international system (Cancilleria,2008). The government has made special importance on achieving growth and competitiveness, equal opportunities, and peace consolidation, leading to a much bigger regional integration and diversity of the relations to the

1. This background paper will cover the cultural domains of Colombia regarding resources and economics, politics and social relations, and finally, the interests The United States has in Colombia. According to the Colombian Embassy, Colombia currently has the 3rd largest Gross Domestic Product (GDP) in South America and is becoming one of the leading emerging economies in the world1. Given these facts, it is apparent that the United States (U.S.) will need to be closely connected with Colombia in the future.

Colombia’s economy is one of the largest among the Latin American countries. Presently, it is classified as the 34th freest economy ( heritage.org: 2015); improvements have resulted in trade, monetary growth, labor, decrease in corruption, and investment. In Caruthers and Babb’s Economy and Society, Globalization is defined as “the intensification of world wide social relations that has resulted in the linking of distant localities” (2013). The Economic Complementation Agreement, the Latin American Integration Association, and most of all, Plan Colombia with the U.S, represent this. In 1994, Colombia attempted to make agreements with various countries to better there trade and increase their globalization. The geographic location of Colombia and its involvement with drugs lead Colombia into isolationism (Reina and Zuluaga: 2012). Therefore, the Latin American Integration Association allowed and The

One of the subjects that we keep hearing over and over again, and more people are trying to familiarize themselves with is globalization. The process of integration and interaction amongst government, people, and companies of different nation is known as globalization. As a result of globalization we have seen the level of trade, which affects logistics grow at an alarming rate over the years. Globalization is the reason that we have seen goods on the shelves of U.S stores like Wal-Mart and target, which were produced from countries all over the world. For some countries and cities globalization has brought great positives, increasing employment and strengthening a nation through economic power, but some countries including the United States

First, it is important to establish that the globalization phenomenon refer to the capitalist model expansion around the world, based on the exchange of goods, services and markets that specially in Colombia lead to the collapse of the national borders and the succeeded of a deeply interdependence between countries, regions, enterprises, and transnational actors that transform together into a single economic system. Taking into account the specific situation in Colombia, the globalization allow the introduced of several and different structural changes in the configuration of the Colombian social, economic, and political relations of the state. Also allows the free development of the capitalism, being this term one of the most significantly impacts in the development of Colombia because of the repercussions in the way that the economy in Colombia was changed in a different way. To explain why, it is important to know that each country design his own system to rule the main aspects, such as in the economyGlobalization trends materialized in the signing of integration agreements, common market or free trade areas, widespread strategies aimed at attracting foreign investment and creating conditions to attract the interest of large transnational corporations, as well as the rigor macroeconomic, preservation of a healthy fiscal balance and policies of privatization of assets and services estatales.4 turn, globalization demanded decentralization of state functions to make it more efficient in the management of resources and to promote self-sustainability of the regions and

Globalization requires highly specialized services, telecommunications, infrastructure, and industrial services. Economic globalization has mostly been represented in terms of the duality between national and global, where the global gains power and advantages at the expense of the national. For example, Saskia Sassen, author of Whose City Is It?, states many disadvantages of “global” cities for women, immigrants, and people of color, “whose political sense of self and identities are not necessarily embedded in the nation” (206).

There is controversy over when globalization began because there is no crystal clear start to globalization. Some people believe that globalization started when the Buddhist leader Chandragupta combined aspects of trade, religion, and military to create a protected trading area. Others believe that globalization began under Genghis Khan’s rule. The Mongolian warrior-ruler created an empire that had trade integrated into it. There are also some experts that believe that the rise of globalization was linked to 1492, the year Christopher Columbus made his first trip to the New World.

As a result of this economic drive, an influence was evident on the spatial economic makeup of Sydney. The unemployment ‘map’ of the city was distributed into two opposing fragments, illustrative of contemporaneous social geography. The highest rates of unemployment were marked in the western and south-western suburbs, while the lowest rates occupied the northern suburbs. In place of this, the service sector, specifically finance, business, retail, community service, professional, and wholesale, sprouted. However, this was not sufficient to counterbalance the unemployment rates. In 1996, the services industry comprised a large 40% of employment, a step up from just 24% in 1971 (Fagan & Webber 1999), of which was concentrating in the inner city and neighbouring regions (Forster 2006). In observation of these dynamics, the extent to which the urban layout of progressive producer services and the additional locations of corporate headquarters have been altered by the forces of globalisation is evident.

This paper will focus on Colombia’s reaction to the global forces of convergence and globalization. Colombia is in a state of economic transition as it concurrently addresses its recurrent political and national security issues but also undertaking some new ownership in terms of strengthening itself economically on a global scale. This has led to the country to allow the universalistic and normative management approaches brought on by influences like globalization to look outwardly. First, by looking at current progress made regarding the country’s political and security problems, can we segue to identifying the forces of convergence Colombia currently faces.

Colombia’s second largest city, Medellin, with a population of 2.5 million, has advanced and developed greatly as a city since the 1980’s with the help of social urbanism. The vital role that transportation plays in Medellin - specifically the aerial cable-cars used in the city that is known as the Metrocables - has helped transform the city’s reputation and has since become an inspiration for cities alike. Despite the city’s violent history and impoverished settlements along the hillsides, urban changes in the social and economic sectors made in Medellin with the existence of these Metrocables has contributed positively to the lives of those living in and around the city. Not only are these Metrocables a great symbol of globalization in Latin America, but they are also setting a good precedence for environmental consciousness worldwide.This paper will begin with a brief overview of the history of Medellin post World War II, as well as touching on the effects of globalization on the city. Then, the role of Metrocables in the city will be observed as a safe and reliable form of transportation. With observing these aerial cable-cars, aspects such as social urbanization, globalization, and the effects that the Metrocables have on the citizens of the city will be discussed in order to demonstrate the importance and positive outcomes that develop with this urban form of mobility.

There are many ways to look at and understand modern globalization. In general terms, globalization means that the world, as a whole, is leading to a more utopian society, meaning that the globe is become very interconnected and similarities are growing between different regions and cultures of the world. Globalization is a phenomenon that has been evolving since before 10,000 B.C. This constant evolution can cause many problems, but it can also solve many issues positively as well. Development of any country, however, seems to be a key issue when discussing globalization. Globalization and development present two different factors in the world today. Many countries are lacking in their own development while the world around them is becoming more developed and globalized. Globalization hinders development because with globalization, less developed countries depend on more developed countries to help them to sustainability and self-reliance.

Across the world, globalization is one of the most significant aspects that has occurred over the last fifty years. It allows a country to integrate economically with other countries through a global network comprised of people, trade, and transportation. With the global landscape only becoming more intertwined, globalization and its inherent pros and cons seem to be here to stay. In many areas, global powers tend to lack in rectifying the negative aspects and only focus on the positive side. America, for example, is a leader in the globalization efforts, even though it has greatly effected job opportunities at home, widening income gaps, and an increased standard of living due to fluctuating world markets.

Economic globalization has become the most important feature and a general trend of present world economic development. Globalization is a phenomenon and also a process of development of mankind and human society (Hamilton, 2008). It is the essential feature of the modern age. Globalization is the cross-border flows of capital and goods, including capital, labour, technology and natural resources (Bożyk, Misala & Puławski, 2002). Economic globalization is a historical process, and the germination of it could date back to the 16th century. After the industrial revolution, capitalist commodity economy, modern industry and transportation have been developing rapidly. The world market was fast expanded and the foreign trade was

In today’s world, with a few notable exceptions, nearly everyone in every region of the world has access to the same products, information and services. A long-distance relationship is no longer so distant, since each party involved in the relationship can communicate through Skype, Facebook or through any of the vast amount of social media available. A person in Easter Island, one of the most remote inhabited islands in the world, can go to the other side of the world and travel to Canada. An economic crisis in Argentina could affect the economic landscape in Brazil. A person in Chile or Peru can buy an Abercrombie and Fitch t-shirt because this transnational corporation decided to expand its market to developing countries, or as you might prefer, to emerging economies in South America. Although many of these examples might be trivial, these are the consequences of globalization.